52 QUEEN Street Image 1

$2,100,000

$2,295,000
8.5% dropped

Last price change Feb 1, 2024

Jun 21, 2022Investment For Sale
bedrooms21bed
washrooms0bath
MLS - #X10744836

52 QUEEN Street, Norfolk, ON N0E 1G0

0
Similar Homes Found
$0
Average Price
210000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Investment

Lot size

.50-1.99 acres

Style

Approx. Area

N/A

About 52 QUEEN Street

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow.

Home Overview

Last updated

Feb 12

Virtual tour

None

Basement information

Building size

12000

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2022

Listed by Coldwell Banker G.R. Paret Realty Limited Brokerage

Additional Details

Basement:N/A
Cooling:Yes
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$8020.58/ month
$1,680,000 Principal and Interest
$2,016,000 Property Taxes

Location

Walking Icon

Walk Score for 52 QUEEN Street

Some information about this property - QUEEN Street

Book a Showing

Find your dream home ✨

I agree to receive marketing and customer service calls and text messages from Condomonk. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Reply STOP to unsubscribe. Privacy Policy & Terms of Service.